IC Specialist Residential Construction/Vacant Land – Infinity Capital

Suite 34.03, level 34/201 Elizabeth St, Sydney NSW 2000 02 8029 0408 | 1300 137 599

[email protected]

Sorry, but you do not have permission to view this content.

Infinity Capital > IC Products > IC Specialist Residential Construction/Vacant Land

Get The Product Information

Servicing Calculator

Infinity Capital > IC Products > IC Specialist Residential Construction/Vacant Land

Product Summary

Established Property

Max LVR	80%
Maximum Loan Term	Single build: 30 years; Development finance: 2 years
Loan Purpose	Construction of small scale residential developments
Max Loan Size	$100,000-$25,000,000
Repayment Type	Interest only. Single build loans can revert to Principal and Interest upon completion of construction
Redraw	Available on single build only
Acceptable Security	Construction of a single or multi-unit residential security
Maximum Interest Only Term	Single build: up to 5 years Development finance: based on construction term

Document Checklist

Income Documents (PAYG)

Application Form
Verification of Identity (VOI)
Contract of Sale (if purchase)
Existing account statements (if refinance)
Fixed price building contract
Council approved plans & specifications
Building/planning permits
Full Doc：
2 payslips and employment letter/contract; OR
last 2 years financials/tax assessment notices
Lite Doc
Borrower repayment declaration PLUS one of the following:
Accountant’s Letter (template available)
2 months BAS
12 months Trading Statement

Share This